CVN 0.00% 14.5¢ carnarvon energy limited

CVN SP in free fall, page-53

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    Some good and some bad.

    The good: Dow is currently up 700 points and oil is up 5% on expectation that Opec and Russia will cut production,

    The bad: Australia will be one of the countries worst affected by the economic fallout from the coronavirus, slashing growth by at least half a percentage point, amid expectations the Reserve Bank will deliver an emergency interest rate cut to protect the economy.

    https://www.theage.com.au/politics/federal/australia-faces-big-economic-hit-from-virus-as-rate-cut-looms-20200302-p5462q.html

 
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